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Author Question: The formula for average fixed costs is (Read 28 times)

nevelica

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on: May 25, 2020

Question 1

Which of the following is a fixed cost for a chocolate factory over the course of a month?
◦
The cost of cocoa

◦ Overtime pay
◦ The cost of electricity (paid quarterly) for running the mixing machines
◦ Depreciation of machines due simply to their age

Question 2

The formula for average fixed costs is
◦ TFC - Q.
◦ △Q/△TFC.
◦ TFC/Q.
◦ Q/TFC.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by nevelica on May 25, 2020

Anton

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nevelica

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

deja

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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